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SILVERThe naturally occuring ratio of silver to gold is about 17:1, which over most of recorded history is about the average monetary ratio. Over the last 200 years the ratio has diverged from about 10:1 to about 100:1, which is the same divergence that occured between the denarius and the aureus from the early Roman Republic to the late Roman Empire. The Lydians, who first used gold and silver coinage used a ratio of about 14:1. Silver has always been used been used for day to day transactions, as even fractional gold is too valuable to purchase a loaf of bread or a pair of sandals, or to pay off a day laborer or a wager. In our present economy, while gold behaves both as a decorative commodity and a currency; silver has many industrial uses beyond jewellery, and thus even when gold becomes a currency of last resort, silver retains a large degree of commodity value. Thus silver is less likely to rise in times of deflation. On the other hand, if financial dislocations beome very serious, deflation can morph into hyperinflation without warning - in which case it is possible that silver will be once again used for small scale economic transactions. While this site is devoted to gold, if you love coins and medals it's inevitable you'll pick up some beautiful silver pieces from time to time. I particularly like French Art Nouveau silver. So here they are:
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FRANCE Troisième république 1894 Gilded Silver Merit Award for the Minister of Commerce and Industry: M. Lourties, Senateur. Signed by JC Chaplain. 68 mm. (118 gm) Edge marked: argent EF................................$450 |
FRANCE: Troisième république N.D. Silver Award from the Society for the Encouragement of Art and Industry to Victor Champier. Signed by Oscar Roty. 60mm x 40 mm (77.3gm) edge marked: argent UNC......................................$475 |
FRANCE Troisième république June 1936 Silver Merit Award from the Association of stenographers to Mme Branellec, Marcelle. Signed by Oscar Roty, 50mm x 36mm (44.98gm) edge marked: argent EF............................................$175
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France Troisième république Merit Award, Patriotic Society of Indre-et-Loire, signed by Roty and Desaide. 46mm, (46 gm), edgemarked argent EF, lightly cleaned at one time.................$175 |
FRANCE Troisième république 1927 Gilded Silver Agricultural Award signed by Louis Bottee 40mm (28.24gm) UNC......................................$325
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FRANCE Troisième république1914-1925 Merit Award from Association Philiotechnique to Mme Branellec, professeur. Signed by L. Bottee 48mm (59.42gm) EF (a few edge bumps).....................$175 |
FRANCE Troisième république SILVER Art nouveau Marianne equestrian medal L'EPERON (spur) 1911 Signed by the artist Alexandre Morlon (born in Macon/France, 1878-1951) 64mm (118gm) Obv: Gallia in a Gaulish helmet advances with drawn sword and shield. Rev: an oak tree and a tablet engraved, Edge: state minted silver 1 cornucopia, in its original box. Extremely Fine.......................................$475 |
FRANCE Troisième république |
FRANCE Troisième république (1905) 64x40mm (61.37gm) AU..............................................$450 |
FRANCE Troisième république Railway Medal signed by Oscar Roty 60x40mm (59.gm) UNC...............................................$450 |
FRANCE Troisième république Art Medal signed by George Dupre, son of Augustin Dupre (of libertas Americana fame). 65x45mm (69.7gm) EF toned.........................................$450 |
For info, comments, purchase requests contact: Jeff Kahn at Jkahn21@nyc.rr.com
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